Post Utme Esut 2024 Commerce Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Esut Commerce examination.

Post Utme Esut 2024 Commerce Objective / Multiple Choice
Question 32 POST_UTME_ESUT • 2024 • COMMERCE • objective

A firm's production function is given by Q = 2L + 3K, where Q is the quantity produced, L is labor, and K is capital. If the firm wants to produce 20 units of output, how many units of labor are required if capital is fixed at 5 units?

Answer Options

A. 10 units of labor
Correct Answer B. 15 units of labor
C. 20 units of labor
D. 25 units of labor
Correct Answer
B
Correct Option:
15 units of labor

About This Question

This is Post Utme Esut 2024 Commerce Question 32. It is one of the objective questions from the 2024 Post Utme Esut Commerce examination.

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